B. Prep (4)

How is the quantity and price of goods and services in the marketplace affected by an increase in Canadian input costs?

• • price increases while the quantity decreases

• • price increases while quantity increases

• • price decreases while the quantity decreases

• • price decreases while the quantity increases

Many economists see that a growing middle class in Latin America could have a drastic change in the economy. The number of middle-class households in Latin America has grown steadily since the late 1990's and this could have a huge impact on the role of entrepreneurship in Latin American countries.

How could entrepreneurship change the lives of Latin Americans?

• • Entrepreneurship would help to change the people.

• • Entrepreneurship would not change the lives of Latin Americans.

• • Entrepreneurship would help by providing more jobs and more income for people.

• • Entrepreneurship would cause people to leave Latin America to find other work.

Choose all the statements that reflect how literacy rates affect standards of living.

• • Countries with a high literacy rate usually have a high GDP per capita.

• • High literacy rates would distract people from performing the manual labor society needs.

• • Without basic reading and writing skills, workers become stuck in the lowest-paying jobs.

• • Without basic reading and writing skills, the passage of great literature would not occur in society.

• • Without basic literacy skills workers have to take on multiple roles to meet the same standard of living.

The PRIMARY motive for the separatist movement in Quebec is

• • the desire to keep the culture of Quebec from disappearing.

• • a desire to eventually apply for statehood in the United States.

• • the difference between the foreign policies of Canada and Quebec.

• • the belief that Quebec's economy is stronger than that of the rest of Canada.

• • the belief that they should be able to distance themselves culturally from the United States.

The flag shown represents Quebec's Independence Movement. Who would MOST LIKELY support this movement?

• • the Governor of Saskatchewan

• • a businessman from San Francisco

• • the fisherman living on the coast in Nova Scotia

• • a French speaking Catholic member of the Parti Québécois

• • a banker living in Vancouver, British Columbia

Many people in the Canadian province of Quebec- seen in red- have been considering independence for many years. Choose the TWO statements that correctly describe issues related to this movement.

• • Quebec is wanting independence from Great Britain.

• • Quebec has considered becoming part of the northern United States.

• • Unlike the most of the rest of Canada, Quebec has a strong French heritage.

• • Canadians have not yet voted on whether or not Quebec should be independent.

• • Eastern Canada originally came under British rule after the Seven Years War ended in 1763.

In Canada, who MOST determines how goods and services will be made?

• • businesses

• • consumers

• • government

• • organizations

On the Mixed Market Continuum, what are some ways the Canadian government answers the questions of what to produce, how to produce, and for whom to produce? Choose all that apply.

• • most buying decisions

• • regulations on businesses

• • quotas on milk production

• • setting most market prices

• licensing for television stations

Which of these is a sign that a country is considered to be "developed"?

• • low birth rate

• • low literacy rate

• • diets low in protein

• • low GDP per capita figures

• • high population growth rate

Most democracies have a government with three branches: executive, legislative, and judicial. In Canada, the legislative branch is the

• • Parliament

• • Governor's Council

• • House of Representatives

• • Prime Minister's Cabinet